Filed December 16, 2021
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,473 | $57,354-13.7% | $83,848-41.0% | $64,186-22.9% |
| Participation rate | 52.0% | 68.6%-16.6pp | 76.1%-24.1pp | 69.6%-17.6pp |
| Annual return | -2.57% | 11.38%-14.0pp | 850.88%-853.4pp | 7.63%-10.2pp |
| Employer contribution / active EE | $5,967 | $2,545+134.4% | $3,631+64.4% | $2,381+150.6% |
| Participant deferral / active EE | $4,196 | $2,993+40.2% | $4,082+2.8% | $3,470+20.9% |
| Admin fee / account holder | $103 | $4,046-97.5% | $5,478-98.1% | $4,888-97.9% |